Petroleumprice.ng Archives

March 14, 2026

Dangote Price Hike Deepens Debate Over Nigeria’s Petrol Import Ban

News Crackers Oil & Gas Dangote Petroleum Refinery and Petrochemicals (DPRP), Independent Petroleum Marketers Association of Nigeria (IPMAN), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Petroleumprice.ng, Premium Motor Spirit (PMS) 0

Price Reversal Jolts Petroleum Market NIGERIA’S downstream petroleum sector is facing renewed tension following a sharp increase in the depot price of petrol by the Dangote Petroleum Refinery and a controversial policy shift by regulators suspending petrol import licences. The refinery raised its gantry price for Premium Motor Spirit (PMS) to ₦1,175 per litre, reversing […]